Portfolio Update

F&C Pacific Inv Tst 
02 February 2004



AVS Security No:



The Stock Exchange

RNS

Old Broad Street

London

EC2N 1HP                                   2 February 2004

Dear Sir

F&C Pacific Investment Trust PLC

The top ten holdings and all holdings over 5% of gross assets as at 31 January
2004 were:



Stock     % of gross assets
Samsung Electronics                                                     4.2
Toyota Motor                                                            3.2
DBS Group                                                               2.6
Sumitomo Mitsui Financial                                               2.1
Indian Investment Company                                               2.1
Cheung Kong                                                             1.9
Mizuho Financial                                                        1.7
Mitsubishi                                                              1.7
NTT Docomo                                                              1.6
Nomura                                                                  1.6


                      This information is provided by RNS
            The company news service from the London Stock Exchange